TDS on LongTermCapitalLoss


This query is : Resolved 

Quick Summary
A client missed filing their Income Tax Return (ITR) for FY 2019-20, during which they had a TDS credit refund from selling a flat. Their PAN is flagged, and the department has requested they file via the e-Campaign tab. The user is asking if they can still claim the TDS refund now. The consensus is that filing the ITR now should allow them to claim the refund, provided there's no outstanding tax liability or interest due that exceeds the TDS amount.

03 August 2022 I have skipped filling my clients ITR for F.Y. 2019-20. In that year he had Refund of TDS credit on sale of Flat . His PAN is flagged for not filling and dept asked to file ITR under e-Campaign tab.
Can I get the TDS Refund on filling the ITR now?? Friends kindly guide, Dhanyawaad>>>

04 August 2022 Yes, but as per the capital gains tax liability & interest due, there might be tax payable.

04 August 2022 There is no tax payable , entire TDS is refund. The issue is Can i claim get TDS refund on Flat sale in FY 2019-20

04 August 2022 Yes, file return, if there is refund due, you will get it.

04 August 2022 Gr8 Dhanyawaad Sir, i asked because 1 guy told that u cant get refund of TDS on flat sale of prevoius years

04 August 2022 That is due to tax liability is generally more than TDS.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
30 October 2026
Asst Manager Accounts

Goodwin Pumps India Pvt Ltd

Chengalpattu

CA Inter

View Details
Company
ARTICLESHIP 28 October 2026
Article assistants

Shyam S Gupta and Company

New Delhi

CA Inter

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 25 October 2026
Article Intern (CA Articleship)

Arpan Bohra & Co

Hyderabad

CA Inter

View Details
Company
24 October 2026
CA Industrial Trainee

Fytomax Nutrition Private Limited

Aurangabad

CA Inter

View Details
Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details